Audit Manager

Avanse Financial Services; Mumbai; On-site; INR 1,100,000 - 1,700,000; Full time

Job summary

Avanse Financial Services in Mumbai is seeking an Internal Auditor to plan, execute, and report on audits of branches and corporate functions. The role requires CA qualification and 1–2 years of NBFC audit experience.

You will update audit policies, ensure timely reporting to senior management, and highlight critical issues to process owners in real time while driving continuous improvements in controls and processes.

Qualifications

• CA with internal audit exposure in NBFCs.
• Experience in updating audit policies and processes.
• Knowledge of regulatory requirements for NBFCs.

Responsibilities

• Ensure timely execution of all audits across branches and corporate functions.
• Identify design gaps, system deficiencies, and compliance breaches.
• Provide meaningful reports to Senior Management.
• Highlight critical audit issues to Process Owners in real time.
• Follow up on open observations and ensure closure.

Skills

Audit planning

Execution & control

Reporting to seniors

Process knowledge

Education

Chartered Accountant (CA)

Job description

Key Accountabilities

• Develop Audit Plans
• Determine Audit Scope and prepare audit checklist
• Execution of Branch and Corporate Functions audit
• Preparation of Management Presentation
• Updation of Audit Policy and Processes

Key Responsibilities

• Ensure timely execution of all the assigned audits
• Audit efficiency will be measured basis design gaps, system deficiency, compliance breaches highlighted, areas of cost controls or revenue leakage identified
• Ensure meaningful reporting to the Senior Management
• Important and critical audit issues should be highlighted to the Process Owners and Management on real time basis
• Ensure adequate reminders for closure of open observations to action owners
• Develop Business understanding document for businesses, products and processes
• Ensure adequate training to self, to be on top of the current internal audit practices and complete understanding of the business processes of the Company

Required Experience

• 1-2 years of experience in, preferably in Internal Audit teams in NBFCs

Required Qualification

• Qualified CA